Tag: New Jersey marijuana

New Jersey: Marijuana Job Fair Being Held October 11 By Union County Commissioners

The 2023 Cannabis Job Fair will take place in Union County, New Jersey on Wednesday, October 11. The fair, taking place at 40 West Jersey Street, Elizabeth, New Jersey in room 519 of the Kellogg Building (Union College), is being put on in a collaboration between the Union County Board of County Commissioners, the Elizabeth …

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New Jersey Officials Legalize Marijuana-Infused Foods and Drinks

The New Jersey Cannabis Regulatory Commission has passed new regulations that significantly expand the type of marijuana products licensed retail outlets and dispensaries can sell. Recreational marijuana was legalized in New Jersey in 2021, with licensed marijuana retail outlets opening the following year. Despite allowing marijuana-infused “syrups, pills, tablets, capsules and chewables” to be sold …

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New Jersey: $185 Million in Legal Marijuana Sold During Q2, 2023

In the second quarter of this year licensed New Jersey marijuana stores sold $185.19 million in product. According to data compiled and released by the New Jersey Cannabis Regulatory Commission, there was $160.2 million in recreational marijuana sold between April and June of this year. During that same period there was $24.98 million in medical …

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New Jersey Governor Signs Bill to Allow Marijuana Businesses to Take State Tax Deductions

New Jersey Governor Phil Murphy has signed into law legislation to allow legal marijuana businesses to take standard state-level tax deductions. The New Jersey senate passed Bill A3946 in February by a vote of 32 to 3, roughly four months after the Assembly passed it by a vote of 60 to 6. Today the measure …

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Four New Jersey Cops to File Lawsuit After Being Fired for Marijuana Use

Four police officers in Jersey City, New Jersey say they plan to sue the city after being fired for off-the-job marijuana use. The four officers have already filed civil service complaints and plan to file lawsuits in the coming days. The officers were fired for legally purchasing and consuming marijuana while off work. A recent …

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New Jersey Assembly Approves Bill to Allow Marijuana Businesses to Take State Tax Deductions

By a vote of 60 to 6 the New Jersey Assembly has voted to pass legislation allowing licensed marijuana retail outlets to deduct expenses on their state tax return. The move is being seen as a partial remedy to IRS code 280E, which prevents federally illegal entities from taking tax deductions. Supporters of the move …

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